SPDR S&P Insurance is an open-end investment management company. The Fund seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The Fund invests in all of the securities represented in the Index in approximately the same proportions as the Index. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts. As of June 30 2015, the Fund's total assets and investment portfolio totaled $392,713,404 and $392,088,762, respectively. We show 134 historical shares outstanding datapoints in our coverage of KIE's shares outstanding history.
Understanding the changing numbers of KIE shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like KIE versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching KIE by allowing them to research KIE shares outstanding history
as well as any other stock in our coverage universe. |
Video: Shares Outstanding Importance
